Common use of Performance Bonus Clause in Contracts

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by Bank during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and Bank may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by Bank Bancorp during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and Bank Bancorp may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his Employee’s employment by Bank during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and Bank may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by Bank Bancorp during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or management of Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and Bank Bancorp may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by Bank Bancorp during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Bancorp Board shall timely, and at least once yearly, determine the amount xxxxxt of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and Bank Bancorp may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by the Bank during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Chief Executive Officer of Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and the Bank may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by the Bank during such calendar year. Bonus compensation shall be subject to any deductions required by law. The management of the Bank or Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and the Bank may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by Bank during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensationcompensatixx. The Xxe amount of such bonus compensation shall at all times be discretionary, and Bank may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage year, in an amount up to 35% of annual base salary earned from his employment by Bank Bancorp during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Chief Executive Officer of Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensation. The amount of such bonus compensation shall at all times be discretionary, and Bank Bancorp may decline to award a performance bonus to Employee in any year.

Performance Bonus. Employee shall be entitled to consideration for annual performance bonus compensation for each calendar year constituting a percentage of annual base salary earned from his employment by Bank during such calendar year. Bonus compensation shall be subject to any deductions required by law. The Bank or Bancorp Board shall timely, and at least once yearly, determine the amount of and the formulas and methods for establishing such bonus compensationcompensatiox. The Xxx amount of such bonus compensation shall at all times be discretionary, and Bank may decline to award a performance bonus to Employee in any year.